This class was created by Brainscape user Francesca García Itoje. Visit their profile to learn more about the creator.
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Decks in this class (34)
Unit 1 Equations
Profit,
Sales revenue,
Total costs
9
cards
Unit 2 Equations
Budget variance,
Net cash flow,
Closing balance
10
cards
Unit 3 Equations
Average rate of return,
Average annual profit
2
cards
internal and external economies of scale
What is internal economies of scale,
What are the six types of interna...,
Marketing economies of scale
24
cards
private and public sector
What are the aims of the private ...,
What are the 3 features of public...,
What is non excudability
6
cards
supply and demand
Factors leading to change in demand,
Factors leading to change in supply,
What is meant by equilibrium
4
cards
price elasticity of demand
If the ped is between 0 and 1,
If the ped is 1,
If ped is 1 or more
4
cards
income elasticity of demand
Normal goods,
Luxury goods and services,
Inferior goods
5
cards
consumer protection
Law that ensures goods are of sat...,
Law that ensures products perform...,
Laws that protect the environment
5
cards
legal structures
3 advantages of being a sole trader,
4 disadvantages of being a sole t...,
4 advantages of having a partnership
8
cards
promotion
What is above the line promotion,
What is below the line promotion
2
cards
the marketing mix
What are the 4 p s
1
cards
appraisal
What is peer assessment,
What is self assessment,
What is 360 degree feedback
10
cards
definitions
Added value,
Design mix,
Boston matrix
63
cards
lean production
Methods of lean production,
Benefits of kaizen,
Drawbacks of kaizen
9
cards
trade unions
What is a trade union,
What is collective bargaining,
What is a trade dispute
8
cards
Motivational theories
Fw taylor scientific management,
Benefit of taylor s theory,
Drawback of t
19
cards
Workforce Planning
What is workforce planning,
Benefits of workforce planning
2
cards
Leadership theories
Ffielder s contingency theory,
Pwright and dtaylor s theory
2
cards
Management And Leadership
What is meant by management by ob...,
What are the benefit s of managem...,
Mcgregor s theory x
4
cards
Cash Flow Forecast
How can a cash flow forecast help...,
Limitations of a cash flow forecast
2
cards
Purchasing
What is purchasing,
What are the three methods of sto...,
Just in case stock control
5
cards
Changes In Working Practices
Multi skilling,
Part time staff,
Temporary staff
26
cards
Recruitment
Interviews,
Work trails,
Testing
15
cards
Special Orders
Total contribution,
Factors that have to be considere...,
Contribution per unit
5
cards
Payback Period
Advantages of payback period 4,
Disadvantages of cash flow
2
cards
Aims and Objectives
Business objective,
Business objective,
Functional objective
9
cards
Analysing financial performance
Advantages of budgets and budget ...,
Disadvantages of budgets and budg...,
What are the components of a bala...
46
cards
AS Finance Formulas
Profit,
Contribution,
Contribution
14
cards
A Level Finance Formualas
Break even,
Margin of safety,
Net cash flow
40
cards
Unit 3 Keywords
Market analysis,
Price elasticity of demand ped,
Income elasticity of demand
57
cards
Unit 3 Formulas So Far
Straight line depreciation,
Working capital,
Capital employed
17
cards
Sales Forecasting
Factors affecting sales forecasts,
How can cp sumer trends affect sa...,
How can economic variables effect...
11
cards
Analysing Non-financial Performance
What are some non financial measu...,
How can customer attitude surveys...,
How can qualitative research in c...
12
cards
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Business
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